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of more of the same big government as usual. not if it promises more of the same as banner under different party. >> that's the counter of a one-two punch. reminding voters that tim pawlenty backed positions that she fought and pawlenty threw the first punch in the fight. "instead of negativity, i want to focus on my accomplishm. i fought cap-and-trade agenda rather than implement it. i stood up against the bail-out rather than defend it." bachmann was responding to the weekend assault by pawlenty of lack of experience in the legislative branch. not withstanding the fact as minnesota governor he backed heifer for congress. >> i have executive leadership in a public setting, record of coy lampishment and result in difficult and challenging circumstances. she served in congress in that regard her record of accomplishment is nonexistent. >> three others near decisions to run or not. rick perry is personally calling to gain support in new hampshire and iowa. and being briefed on national and world affairs. sarah palin is on the cover of "newsweek" predicting she can win. no timetable on decisi
's analysis. labor big boss says the election season features sometimes a delusional president. if you think our president has problems check out his counterpart in iran. live from the studio in washington, this is "special report." good evening. i'm bret baier. we begin with washington's version of the irresistible force versus the unmovable object. president obama today said there will be no agreement on the debt ceiling if republicans don't budge on taxes. house speaker john boehner responded by saying that the house cannot pass a tax increase. the two sides met for another round of negotiations. white house correspondent mike emanuel has the latest. plus word of something that was apparently on the table for a while. >> trying to reach a grand debt deal, the sources say president obama offered to raise the medicare eligibility age from 65 to 67. there was also discussion of moving to actuarial tables deciding age eligibility rather than congress setting it. sources say there was no agreement because it was part of a package deal that mr. obama insisted also include increased tax revenues
of floating short-term or mini deal on the debt ceiling, although it wouldn'n't be perfect. >> the big problems wouldn't go away. it just delays the moment of truth. i say better now than then but if we can't, we'll take the savings we get now and relitigate this as we get closer to the election. >> the white house toughened the language in recent days, criticizing congress and specifically republicans. speaking to the national education association on sunday, vice president biden sounded campaign mode using class war fair argument against the republican -- war warfare argument against the republicans. >> they believe 1% of the wage earners controlling 1% of the wealth is a vehicle to spur economic growth. because those with the wealth know the most that will know best to do with that wealth. >> some republicans have punched back by being critical of the process the white house chose to address the problem including negotiations led by the vice president. we have been waiting on secret talks to somehow settle our problem. but congress is the constitutional place for this to be decided.
. the indication that we're getting now is that this is a big deal, that this is going to be very large, and that everything is going to be on the table as far as bringing the corporate tax rates down, closing tax loopholes, but also cuts in entitlement programs, medicare, medicaid, possibly talking about social security and changing the way it works in the long term. these are big items that obviously could not get done legislatively before the august 2nd deadline. if there was some agreement reached between the leaders to raise the debt ceiling and agree to the framework by which they are going to tackle these big ticket items, that would be a significant thing. and it seemed like both parties were so far apart it will be interesting to see through the weekend if there can be some negotiated deal on a big framework. martha: it's interesting, bret because we've heard a little bit of what has come out of the preliminary discussions that vice president biden was part of. it seemed as though in those discussions they would talk big dollar figures although they wouldn't talk about specific
, and it cracks. what happens is the road actually buckles or explodes, as they say, which leads to those big, major potholes. that causes traffic jams, it also leads to city budgets being drained because of the work crews. it's not just the roads. you look at some of the homes. again, the ground dries up, no rain to moisten it, and what happens is it cracks. and when the ground cracks, your home settles. when your home settles, the foundation -- as you can see there -- cracks. it is a major, major concern. listen to this. >> we're just noticing them all over the outside of our house. i am worried. um, i don't know what to do, i mean, do i keep my hose on or my sprinkler on? >> reporter: when the temperatures stay in the 90s for extended period of times, the -- periods of time, the problem for farmers is trying to keep their animals and plants cool, and it's almost impossible, so you have many animals that are dying. that leads to rising food prices. listen to one farmer. >> those birds were full size, current goes off, i've got less than five minutes to get fans running. and if it fries some
're in for another deep rough patch, i think, they are getting very nervous about re-election. and, the big winner out of a grand bargain, would have absolutely been president obama, because, the not only would things have hopefully improved but he also could take credit for making a really big grown-up decision. going forward, though, you know, in two years, or actually, in one year, now, next year, after the election, it is hard for me to see how republicans will not actually be in a better position, even if they don't win the white house, there is a good chance they'll win the senate and almost certainly still control the house and i think republicans will be in a tremendously strong position, to get the kind of deal that speaker boehner went in there looking for, but clearly was not going to get from the white house. >> jamie: charlie, seems like those dismal job numbers may have changed the imperative for the house white house. how close are both sides to accepting the proposal that vice presidented by eb was able to negotiate and is that all we need? will it get us where we need to be with r
big sweaty shoes to fill. >> juan: you know, i think when they say is i am light in the pants. trying to fill in for bob becket. >> greg: if you look below the table you find an ankle monitor. >> juan: okay. >> greg: i to ask you, what is with the contrast of the polls. they like him but not his job. how do you explain that? just they do like him. when it come -- >> juan: they do like him, and when it comes to the economic performance that drives the numbers, it's compared to what. if you ask them about for formenace of republicans -- performance of republicans it's worse than president obama. so what you see is they are saying we don't like the way any of the politician in washington is doing business. apox on all of their houses, a bunch of bums and not doing job number one, producing jobs. >> greg: eric is laughing. >> eric: i chuckle because you talk about the congressional approval rating around 12% and point out it's republican congressional. but democrats are in that group, too, are they not? >> juan: they have, but they have lower rating than democrats in the congress. >> eric
at this hour? that is the big question that people want the answer to. the lawyers were successful disguising where she went in the overnight hours. even the press not able to keep up with her. cameras shooting this video of casey anthony walking out of the front doors of the orange county jail at 12:11. wearing pink me low shirt, hair in a bun and the primary defense attorney jose baez right by her side. they got in a motorcade, a gray suburban, a cream colored tahoe and white follow-car and drove directly from the location to a bank of of america building in downtown orlando, not far from here, where her other attorney has an office. they went in covered parking garage and pulled a bait and switch. the suv never emerged from the parking garage, but others cars did and it's not clear which one that casey anthony was in. we can tell you around the same time there was police activity across town at a private airport. a private plane was fuelled up and ready to go on the runway, but nobody saw casey anthony boarding the aircraft. officials telling us it was scheduled to carry golfers vacationin
with that. if you have somebody applying games on their taxes we all have a stake in this. we all have a big stake in america succeeding. so i believe we should have a more equal, fair tax system. but i can tell you, to vilify a group of people and to say to the jet owners if we continue to give you tax breaks we will take money out of granny's social security check that is a false choice like raising the debt ceiling. the research counsel, a bipartisan group, has said we will not default on our debt, we have enough money to pay social security, medicare, medicaid, government contractors and the military, current military people, and veterans, and still have $7 billion left over after august 2nd. so let's stop with the false choices and get on with the real business. >> there is a bifurcated thought process on what will happen on august 2nd. always good to chat with you, craig. craig smith, thank you. and now, the sunday she down, the job numbers give republicans more am fission to -- more ammunition to fight off tax fight discussions. i guess it depends on who you ask? >>governor huckabee:
name kidnap her. that was a big fat lie. warm welcome for soldiers returning home from war. more than 50 national guard troops returned to cedar rapids, iowa, after spending a year in afghanistan. about 2800 men and women will return home to the area in the next few days. this is the largest deployment that the state has seen since world war ii. and those are your headlines. >> let's talk about what's going on. couple of days ago, we heard the president of the united states say don't call my bluff, eric cantor and i'll take my case directly to the american people. today, the president is going to take his case to the american people. he has a press conference this morning at 11:00 a.m. >> we'll see what he says again. there's no talks today, folks. they've been doing them every day this week. there was a rumor maybe they'd go to camp david this weekend but not sure if that's going to happen. no talks today. >> fascinating to see after an hour and 19 minutes yesterday that eric cantor did not say a word today, yesterday, and on thursday. now the president for the second time this week
administration owes us a big answer. >> the rob is not everybody agrees as hard as it is for us to believe. the evidence is in the circumstantial, they were his bite marks on her body. the evidence is strong. but the mexican government and there are a lot of people in the international community that are saying, look, we don't think he got a fair trial and there could be u.s. citizens at risk abroad if you don't follow the policy of the treaty. >>guest: see, this is why it is a political issue and not a legal issue and that is why i am outraged. he would not play politics with the death of another kind of person, it had to be a girl and is sex crime. look, here is the issue. we do have a treaty with mexico. but if there was a country where we shouldn't be overly concerned about respecting the treaty rules, it is mexico. they have, in the few years ago, a report was done by the justice department saying mexico is out of line, disrespectful of treaty responsibilities with the united states when it comes to our citizens having legal issues and dilemmas in mexico. what are we doing? why with t
the economy still in big trouble. look at this. a slowdown in hire anything june pushing the unemployment rate now to 9.2%. only 18,000 net new jobs were added to the work force last month. at least 250,000 jobs are needed per month to drive the unemployment rate down significantly. and get this, since president obama took office we've seen the economy lose two and a half million jobs. president obama assuring americans there is a reason the numbers are so disappointing. listen to this. >> the sooner that the markets know that the debt limit ceiling will have been raised and that we have a serious plan to deal with our debt and deficit, the sooner that we give our businesses the certainty that they will need in order to make additional investments to grow and hire, and we'll provide more confidence to the rest of the world as well so that they are committed to investing in america. >> molly henneberg live for us at the white house with more on the president's reaction. molly? >> hi, gretchen. clearly not the type of monthly jobs report any president wants to see. unemployment up for the third
for reelection in 2008. last year in 2010 with a big republican win she raised 13 1/2 million dollars and got 52% of the vote. i don't think he ought to be stressing electability. that one point on the screen not said i think was a good ad. >> sean: interesting. she is doing great in the polls. >> be careful about those ppp polls that's a democrat outfit in north carolina. i'm always dubious about what a ppp says. >> sean: she is leading in iowa, another poll had her second in new hampshire. there's some consistency. pawlenty released his ad. let's look at this. >> a lot of candidates who come to iowa and say the same things. the question is, have they don't it? in a liberal state i reduced spending. took on the government unions and won. appointed a conservative supreme court and passed health care reform the right way. no mandates, no takeovers. if i could do it in minnesota, we can do it in washington. i'm tim pawlenty and i approve this message. >> sean: what did you think? >> i like it. it is a conviction ad. says here's what i have done as governor. puts his experience up anybody else in t
to rein in big government spending and prevent tax increases. >> the majority of the house has to approve spending and that's tremendous leverage. we should use it. >> a political analyst says it has an impact on how far g.o.p. speaker john boehner can go in debt negotiation. >> the existence of the freshmen linked creditability to john boehner when he says there are not enough votes for tax increase. >> reporter: president obama is also feeling the pressure from the left flank saying that social security and medicare may need modification to sustain them for the future generation. >> if there is a reasonable deal to be had on it, one i'm willing to pursue. >> that got a strong pushback from nancy pelosi and other liberals. >> today, the democratic women of congress have come together to send a clear message. we must protect medicare and social security. we will not support cuts. >> reporter: if there are cuts to the program in a final deal, it will be a tough sell to the president with the liberal base, which sees itself as cardigan of the entitlement. molly henneberg, fox news. >> shann
-rock and a hard place. the big economic news, the bad economic news i should say is also deadly, deadly for american liberalism. the facts say that massive government spending hasn't worked to stimulate the american economy and that the liberal vision of american economics has failed. most of president obama's economic advisors have left the building, they are gone and there are few replacements and no clear cut plan to improve the economy coming out of the white house. some liberal commentators are bordering on desperate because they know a tax increase will not be forthcoming. >> they are paying the lowest taxes in 50 years. more than 50 years. more than my lifetime and they are still complaining. some aren't. there are good business people who know this game of chicken in particular is deadly and wrong and hostage taking and you shouldn't negotiate with hostage takers. >> i agree it is terrorism. >> bill: republicans have been on a nonstop mission to murder the american dream by protecting only the rich. >> bill: a new poll today has the president's job approval rating at 47%. 52% di
was a big month for american auto makers. cite her says -- chrysler says sales was up 30%. general motors and ford report 10% increases. toyota and honda were off more than 21%. home construction fell 2.1% in may. overall, construction spending was down .6 of a percentage point. it could be four years before the construction returns to healthier levels. manufacturerring activity was up a bit in june after the worth month in two years in may. stocks ended the week on a high note. dow gained 168.5. s&p 500 up 19. nasdaq finished up 2.5. >>> governors in two midwestern states find themselves under fire tonight. one for not getting a budget deal done and another for the budget dealhe did get done. correspondent mike tobin has that story from chicago. >> with protesters already outside his door, ohio republican governor john kasich dove deeper in controversy signing a budget that closes a $6- to $8 billion budget gap with deep and painful cuts. hardest hit are private nursing homes with a #% reduction in medicaid funding. the powerful ohio healthcare lobby responded with a dramatic add campaig
. there are a lot of breaking details regarding the dates and there could be a big face injected into it as well. we'll tell you about it shortly. big blowup in washington that everybody is talking about. >> clayton in for brian today. good to have you. headlines for you first. there are no leads this morning on who is responsible for a deadly triple bombing in mumbai, india that killed 17 people. the simultaneous bombings in three separate neighborhoods described as a coordinated terror attack. 131 other people are hurt. 23 critically. investigators believe it may be revenge for police pressure on home grown terrorists. this morning, four people are dead after a homicide bomber attacked a memorial service for the half brother of afghanistan president hamid karzai. 15 others were hurt in this attack on a kandahar mosque. wally karzai was assassinated on tuesday. he was shot at close range, apparently by a confidant. the taliban has claimed responsibility for his murder. thousands paid their respects for an 8-year-old boy murdered in his brooklyn, new york, neighborhood. he went missing monday on his
, waiting outside the jail as they ducked away into a waiting suv. the big question is where is casey anthony hiding. live at orlando,s from where caylee's remains were found. walk us through the release last night. >> reporter: i want to share brand-new information coming into fox news channel from our producer on the ground, one of many that have been working this case. kathleen rochelle. she got off the phone with mark lipman, the attorney that represents george and cindy anthony, they told -- their attorney said basically jose baez and texted them she was safe but they were at home watching the release on television. a relief that happened like clockwork at 11 past midnight according to the clock on the wall at orange county jail. take a look at the video. company anthony wearing a pink polo shirt. she was given $500 in cash, money that remained in her inmate account. a lost which donations from the public that poured in while she was incarcerated. three selected journalists captured the moment the world wanted to see, a moment that lasted a little more than ten seconds. listen. >
for stories, that is right. look, many people say that goldman sachs is a big supporter of the obama administration, a big supporter of democrats generally. this is an unfavorable report for the administration so kind of burr right on a friday afternoon. alisyn: interesting. well we're glad that you've brought it to light for us. stu varney thanks so much. another fox news alert for you right now, because we are just getting word that the president is already threatening to veto a bill that will be hitting the house floor tomorrow. the tea party-backed cut, cap and balance plan would provide the president a 2.4 trillion increase on the debt limit, and would also include a constitutional amendment requiring a balanced federal budget. congressman dan hrupb gree l u.n joins me to talk about this live. hello, long man. >> hello. >> we have to see whether he will really veto it. the president has said a lot of things that haven't come true. this is the most leaderless president i've seen in my lifetime. here we have a situation in which we should be coming together, and yet the president
this afternoon. here is the president in his weekly address. >> good news is we agree on some of the big things. we agree that after a decade of racking up deficits and debt, we need to get our fiscal house in order. we agreed that to do that both sides are going to have to step outside of the comfort zone and make some political sacrifices. >> reporter: but even if the key players reach a deal tomorrow, congress has to vote on the entire package. >> heather: you heard about this poor job numbers, they came out friday. how are they taking it? >> unemployment numbers surprised everyone. democrats say it shows that americans need some help from the government. republicans say that now is the not the time for a tax hike. here is the republican address today. >> the obama administration promised that stimulus would keep unemployment below 8 am. two and a half years ago it's 9% and still rising. that is unacceptable. america can do better. >> reporter: meaning the white house if they meet a deal the next few days if they are going to meet the august 2nd deadline. realistically it would take three we
speaker john boehner today. not going for a big huge deal now. this is part of what chuck schumer had to say -- >> shannon: your response? >> i suspect that is more of the grand politics that you hear playing out there. because it was never put on the table. the kind of reform that john boehner has been asking for, the kind of reform i'm talking about. what was put on the table was again, tax hikes on the wealthy. so that we can do less spending reduction. we've got to get out of that paradigm. we've got to get out of the politics. some of the politics poll really well. one of the problem we're having now is pollsters are at full employment. and politicians are following what they are telling them. it's telling them on the one hand don't put social security or medicare on the table. don't talk about those things. on the other hand, just talk about taxing the rich. you will be fine. but that doesn't help us get to a solution. >> shannon: we certainly hope that you find one. we know you are busy not only with the gang of six or five or whatever it currently stands to be but with everyth
been surprised in one sense because he made such a big deal about meeting with our enemies in the campaign. you would have thought having been in office for 2 1/2 years he would have been sobered by events and made another decision this is inexplicable. why does the administration go out of its way to give legitimacy and credibility to the muslim brotherhood by announcing formal contacts? what is to be gained? except to advance the muslim brotherhood and make america look weak. it looks like we are the is up can't, please, can we -- we are the is up can't, please can we meet with you. there was nothing to be ginned. why the president did it now and it in such a public fashion is inexplicable. if he wanted contacts, off the stage. why make this an act that gives legitimacy to the muslim brotherhood? >> when our enemies tell us who they are, believe them. there is no mystery. they've openly stated their agenda is to islamize societies. to establish a global islamic caliphate. -- to destroy israel and expand sharia truth the west. it is not like we are trying to read tea leave
the beginning. >> a big reason why ron paul wants to focus on his presidential bid announcing today he will not seek another term in the house of representatives. and now in the first television interview since that surprise announcement the g.o.p. candidate will be on sbn tonight at 6:00. you don't get it? demand it! she called it a death panel and now some democrats agree, the list of lawmakers against the cost control board is growing. could it spell death for the health care law? he reports and you be the judge. stay tuned. woman: saving for our child's college fund was getting expensive. man: yes it was. so to save some money, we taught our 5 year old how to dunk. woman: scholarship! woman: honey go get him. anncr: there's an easier way to save. get online. go to geico.com. get a quote. 15 minutes could save you 15% or more on car insurance. >> opposition growing not from republicans but from democrats over a controversial health care advisory board. at least eight democrats now want the independent board gone. it is a board the republicans call "a death panel." but the judge say
that will be a big part of her legacy. while her death is a cause for sadness we know that organizations such as the betty ford center will honor her legacy giving countless people new least for life. she was public about her treatment for breast cancer and fund raising for hand capped kids and, kids say mother a mother's laughter enriched our lives and those throughout this great noigs. to be in her presence was to truly be in warmth of a truly great lady. under the martha graham performed at carnegie hall and went back to michigan and met gerald ford she says she probably wouldn't have married if she knew he wanted to run for congress. he of course went on to become president and mrs. ford made a lot of headlines for off color things she said about a variety of subject and her husband joked she was the ford family spokeswoman and here she is giving part of the concession speech after he lost the election to jimmy carter and then lost his voice. >> dear jimmy, it's apparent now you have won a long and intense struggle for presidency. i congratulate you on your victo victory. >> betty fo
, some real big news, actually, because speaker boehner, it seems, may have a plan that will come to fruition, before 4 p.m. this afternoon so that the asian markets aren't rattled and it will involve sort of a two pronged approach. >> yeah, but the most important part of the two step process clayton mentioned there's going to be a short-term extension involved and the democrats have objected to that, as you know, from the very beginning, the president, nancy pelosi, harry reid all three last night reiterating they will not support a short-term extension. so it appears we are playing with some serious fire on this sunday. >> what does john boehner do, comes up and hands over the paper work, they immediately say no. listen to this, thises what mitch mcconnell has to say about this. there is bipartisan agreement on the need to prevent fault and given the unprecedented size of the debt ceiling increase, the president is requesting, this is not an easy process. and the effort to prevent default while substantially reducing washington spending will continue. >> of course, all of the co
in a very big and vital state of new york. >> most importantly, one, the white house says it's not true and secondly, biden himself, he's been the target of getting off a ticket since january of 2009. when hillary clinton was going to take it over and that would be the smart thing to do politically. as much as people might have strong feelings about vice president biden, i think that for president obama, he's been a good vice president. he marches his soldiers on. he does the bidding. and he -- i think there's no reason for it to change but also this, while i respect the reporter and i'm sure he's got good sources, i just don't see what changing courses mid stream and getting the governor from new york gets you >> you can tell how much the white house doesn't want to talk about something when they dump it out on a friday. according to the economic council of advisors, they've come out with their seventh quarterly report and what they said is the stimulus, remember, it was going to save us from big -- >> save or create three million jobs. >> it was going to do that. it didn't do that. o
to be factored in as one big lie, the judge disagreed, jon. >> and the state also wants money from casey anthony when this is all over, right? >> hundreds of hundreds of thousands of dollars is my estimate is what could be levied against casey anthony, not only the cost for the six-month investigation, the searching, the following up of leaders, the interviewing, the trying to track down all of these imaginary people, plus the prosecution which has been quite costly over the past 2 1/2 to three years as they had to pay for a lot of lab tests, a lot of investigators, so the judge is going to rule on that financial burden that casey anthony is likely to be levied in about 30 days from now, and for the moment, though, bottom line, casey anthony is heading back to the orange county jail. jon: a lot of people thought the saga could effectively end today. it goes on. phil keating, from orlando, thanks. alisyn: fox news is america's election headquarters, congresswoman michelle bachmann is stepping up her campaign for president, releasing a new television ad in iowa today, the minnesota congresswoman u
in a picture-taking session before the meeting there was only small talk about the big sand storm in phoenix. colleagues say house speaker john boehner told us later there is an even chance there could be abagreement soon. >> there is substantial belief whatever is going to happen is likely to happen in the next few days. i for one spend wait and see what happens. >> senator blunt concedes that boehner is an optimist and the president admits both sides are far apart. there was ample evidence of that. reports that social security changes were discussed triggered complaint from democrats despite the white house assurance that benefits would not be cut. >> do not consider social security a piggy bank for getting tax cut to the wealthiest people in our country. >> republicans suggested tax savings should be used to other tax cut and not lower the deficit. some are reluctant to raise the debt ceiling. >> none of us want to raise the debt ceiling. up in of us think it's a good idea to spend money we don't have. it's a problem we have been doing it for so long. >> senator paul says the balanced bud
money than you're taking in, you need to spend less of it. there's no symptom of big government more menacing than our debt. break its grip, and we begin to liberate our economy and our future. bill: we've been talking about this issue for months, and we are down to that critical time. good morning, everybody, i'm bill hemmer. and a big welcome to jamie colby. jamie: you think we'll make it before august 2nd? how you feeling? bill: we'll see. jamie: we'll know more after the next two hours. absolutely. great to have you all here. harry reid and speaker boehner both have their own plans, presenting their own debt deals last night. boehner's plan cuts $3 trillion over the next ten years raising the debt limit by more than $2.5 trillion, and guess what? no tax hikes. bill: reid's plan includes more than $2.5 trillion in cuts over ten years raising the debt limit by $2.4 trillion and, also, no tax hikes. or as they like to call them in washington these days, revenue. stuart varney of fox business, good morning, my friend. how you doing? you're a financial man, what was your takeaway from
hikes as well. >> that's the big sacrifice? one of their big cuts is a trillion dollars out of the defense budget because they figured out that the iraq war is winding down so afghanistan is also winding down and that's the trillion dollars they thought they'd save but they don't list anything with the harry reid plan and not to look at entitlements, how could you possibly say we're taking a hard look and making tough decision abouts the future of our -- of the country economically and not look at entitlements when even the president of the united states has had a problem. let's look at john boehner. he says, all right, i'll raise the debt ceiling. this is what i mean by a two phased plan. just a trillion dollars and we'll have $1.2 trillion in cuts by the end of the year. the future cuts will be commissioned and sent up after they commission a bipartisan panel to decide, you know, republicans or democrats to decide which will be cut and what shouldn't. >> and apparently, it would be along the lines of the cut, cap and balance as you can see right there. here is something th
a list gln the big problems aren't going to go away if you cut a mini deal. all it does is delay the moment of truth and so i would say better now than then but if we can't then we'll take the savings we can get now and relitigate this as we get closer to the election. >> the white house does not love the idea of a mini deal. white house officials telling me the president made it clear he believes it is in the country's economic interest to get a significant long-term deal done. we'll see. john? >> so it's independence day, how did the president spend his time? >> largely oust sight, john. although he did judge wrap up posing for pictures and hugging babies and shaking hands with the armed forces here. some of the military families invited not white house for the independence day celebration. and the president did pay tribute to our men and women in uniform. take a list gln thes listen. >> these american patriots, all represented today and all of you who are out there today, you are the reason why america and our armed forces remain the greatest force for peace and security that
they get a tax-exempt status? >>reporter: that is the big question is. any groups that a right, obviously, to form and criticize fox news. the question is, should that be a taxper, subsidized, tax-exempt deductibl activity. media matters is something called a 501 (c) 3 referring to the section of the code that covers it and deductions to media matters are people getting to take off their taxes as if they gave money to the red cross or salvation army. and media matters is increasingly political in recent years and the founder has formatted what is scale add super pac to raise large amounts of money to defeat republican candidates and there are reports that the white house is in the entirely happy with that because they felt he was more effective attacking fox news at media matters. the question is, should that be subsidized by the federal government. deep deep the deep pockets, obviously, george soros and tell us about his past for those that do not know. >>reporter: he is a billionaire, naturalized american citizen and has in the past been caught up in insider trading activity in jump, an
, and we quit doing all kinds of big spending programs and so forth. look, they talk about being able to bring the economy back in line, but their idea is to get more taxes so that they can spend it. and i guarantee you, the democrats will spend every dime of it. they're not going to conserve. that's why we have to hold the line on no tax increases, and we've got to get the spending cuts in order to send the message out. if we have spending cuts, i think the market and everybody else will start saying hallelujah, we're going to come out of this and do very well. gregg: senator, one more question, the club for growth, a progrowth, low taxes group, is now targeting you. in fact, they point to your lifetime rating at 74 percent, placing you at the bottom of republicans serving. are you the next republican in trouble with your own party? >> well, i'm surprised that they'd blow their money trying to take me down, because their own people have voted -- their leader voted for, you know, for increasing the debt ceiling and a lot of the things they're accusing me of. but i don't know where the
is because he hasn't been tough enough, and there wasn't a big distinction between him and president obama, and he's showing that once again now. martha: all right. talk to me, you know, when you look at this politically, "the wall street journal" basically said this morning if tea party encourages its members and representatives on capitol hill to hold tight and not give any ground in this, they're basically handing the presidency to barack obama again in 2012. what say you? >> what are we talking about? are we talking about who's going to be our next president, or are we talking about fixing the problems that face america? we need to quit worrying about the next elections and worry about whether we're going to survive financially. and there are plans that could do it, there are other plans that can't, but nobody is looking at the overspending, looking at directly in the eye and saying we have to stop this. we spend over $4 billion a day in borrowed money. that's enough to build two and a half space shuttles a day. martha: wow. well, that's an eye-opener. jenny beth martin, thank you very
it will lay off 2,000 people. news this morning across the pond that hsbc, the big international financier is looking at laying off 10,000 workers. obviously the double dip concerns are very, very pronounced. the near-term concern at least for wall street now potential that the guys in washington can come up with a deal. it looks like they will come up with something so they might have short-term relief if they get that. longer term, it seems to be as spotty as it looks i don't know if they will be relieved that long. >> shannon: just as you were speaking, senator harry reid, majority lead ore the senate took to the floor, they are back in session he said no agreement has been reached but he is cautiously optimistic. what do you think that will do to the market if that is the closest we get to an announcement of a deal today, with the market opening up overseas tonight and opening up here tomorrow? >> we are already seeing reaction in the middle east. those markets are open today. they have sunday trading in the middle east. saudi arabia falling close to 1.5% yesterday. and they're up. ama
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